40, GREBE DRIVE, CHEDGRAVE, NORWICH, NR14 6GH - £210,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 GREBE DRIVE is a very small terraced house of 76m², built sometime between 2007 and 2011, which could now be worth an estimated £235,511. It was last sold for £210,000 in September 2021, which was around 2% above the average September 2021 terraced price in the South Norfolk local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

40 GREBE DRIVE Sold Prices

Land registry data shows four sales for 40 GREBE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the South Norfolk local authority area for the corresponding sale date. two of the four 40 GREBE DRIVE sales were for above the average price, and four were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 2 SEP	£210,000	£206,039	2% above HPI
2013 22 NOV	£65,000	£137,943	53% below HPI
2009 17 JUN	£62,775	£120,980	48% below HPI
2008 31 MAR	£157,800	£144,486	9% above HPI

40 GREBE DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Norfolk local authority area over time, sourced from the HPI. The four 40 GREBE DRIVE sales between March 2008 and September 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2013 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the September 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 40 GREBE DRIVE be worth now?

40 GREBE DRIVE might now be worth an estimated £235,511.

This is based on house price inflation of 12.1%, between September 2021 and May 2026, for terraced houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.1% inflationary increase is applied to the most recent sale price for 40 GREBE DRIVE of £210,000 on 2nd September 2021. For the value to have increased from £210,000 to £235,511 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 40 GREBE DRIVE has moved in line with the HPI for terraced houses in the South Norfolk local authority area.
• The September 2021 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 40 GREBE DRIVE has not materially changed since September 2021.

How Large is 40 GREBE DRIVE?

40 GREBE DRIVE is 76m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of terraced houses houses in Chedgrave, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chedgrave, and where 40 GREBE DRIVE lies on this distribution: 16% of terraced houses houses are smaller than 40 GREBE DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Chedgrave.

40 GREBE DRIVE: Plot and Title Map

40 GREBE DRIVE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 40 GREBE DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 40 GREBE DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 40 GREBE DRIVE?

40 GREBE DRIVE is located in CHEDGRAVE, in the NR14 postcode district. The below map shows the position of No. 40 on GREBE DRIVE.